Loan Originator Assistant

Wintrust Financial Corporation; Schaumburg (IL); On-site; USD 17,000 - 24,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) with company match

Tuition reimbursement

Job summary

Wintrust Mortgage, part of Wintrust Financial Corporation, is seeking a Loan Originator Assistant to support the loan origination, processing, and closing processes. You will monitor files, ensure accuracy, and coordinate with internal and external customers to move mortgage applications forward.

You will reach out to referral sources, assist in marketing the loan officer's services, and help manage day-to-day transactions while maintaining knowledge of mortgage guidelines and compliance.

Qualifications

• High school diploma or equivalent required.
• Excellent multi-tasking, interpersonal, organizational and communication skills (written and oral).
• Must be a self-starter, motivated, energetic with strong time-management abilities.
• Ability to work independently and take direction.
• Updated knowledge of Fannie/Freddie guidelines.
• Working knowledge of computers including MS Word, Excel and Internet.
• 3–5 years mortgage banking experience or related experience in sales/marketing.
• Encompass experience preferred.

Responsibilities

• Assist in the origination, processing, and closing of loans.
• Monitor the status of each file and ensure accurate and efficient processing through closing, including guideline research.
• Review files for completeness, accuracy and compliance.
• Work with internal and external customers.
• Reach out to referral sources on the Loan Officer's behalf.
• Assist in marketing the Loan Officer's services to new prospective referral partners using marketing materials.
• Manage day-to-day transactions and relationships with customers and vendors.
• Meet with potential borrowers to analyze financial situation and needs for purchase or refinance, gather necessary documentation for the loan process, etc.
• Provide necessary documentation to processing and underwriting departments to ensure timely loan closings.
• Must have working knowledge of mortgage loans and/or loan procedures.
• Other duties as assigned.

Skills

Multitasking

Interpersonal skills

Organizational skills

Communication skills

Telephone etiquette

Self-motivated

Time management

Independent worker

MS Word

Excel

Internet

Fannie/Freddie guidelines

Encompass experience

Education

High school diploma or equivalent

Tools

Encompass

MS Word

Excel

Internet

Job description

Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing real estate market. As a full-service, federally chartered lender with offices located across the country, we're dedicated to providing customers with a wide range of mortgage products and have the capability to lend in all 50 states. To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market. Wintrust Mortgage is part of Wintrust, a financial services company with more than $66 billion in assets.

Why join us?

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)

Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few

Family-friendly work hours

With 175+ community bank locations, we offer opportunities to grow and develop in your career

Promote from within culture

Why join this team?

We have a culture that encourages an entrepreneurial spirit

We offer multiple opportunities for development and upward mobility

As a Loan Originator Assistant, responsibilities include:

• Assist in the origination, processing, and closing of loans.
• Monitor the status of each file and ensure accurate and efficient processing through closing to include guideline research.
• Review files to ensure completeness, accuracy, and compliance.
• Work with internal and external customers.
• Reach out to referral sources (attorneys, agents, etc.) on the Loan Officer's behalf.
• Assist in marketing the Loan Officer's services to new prospective referral partners, by utilizing marketing materials.
• Manage day-to-day transactions and relationships with customers and vendors.
• Meet with potential borrowers to analyze financial situation and needs for purchase or refinance, gather necessary documentation for the loan process, etc.
• Provide necessary documentation to processing and underwriting departments to ensure timely loan closings.
• Must have a working knowledge of mortgage loans and or/loan procedures.
• Other duties as assigned.

Job Requirements:

• High school or equivalent degree.
• Must have excellent multi-tasking, interpersonal, organizational, communication (both written and oral), and telephone etiquette skills.
• Must be a self-starter, motivated, energetic, with excellent time-management skills.
• Ability to work independently and take direction.
• Updated and Current knowledge of Fannie/Freddie guidelines.
• Must possess a working knowledge of computers to include MS Word, Excel, and Internet.
• Minimum of 3-5 years (current) mortgage banking experience or related experience in sales/marketing.
• Encompass experience preferred.

Benefits:

• Medical Insurance - Dental - Vision - Life insurance - Accidental death and dismemberment - Short-term and long term Disability Insurance - Parental Leave - Employee Assistance Program (EAP) - Traditional and Roth 401(k) with company match - Flexible Spending Account (FSA) - Employee Stock Purchase Plan at 5% discount - Critical Illness Insurance - Accident Insurance - Transportation and Commuting Benefits - Banking Benefits - Pet Insurance

Compensation:

• The minimum estimated hourly rate for this role is $15.00, along with eligibility to earn monthly commissions. Actual pay rate may vary based on several factors, such as a candidate's location, qualifications, skills, and experience.

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.